There’s no money left. That was the message that Liam Byrne, chief secretary to the Treasury under Gordon Brown, left to the incoming Tory government in 2010, a missive the Labour politician regretted bitterly.
There was no such memo from George Osborne, the former chancellor, to his successor, Philip Hammond, but there might well have been.…The Bank of England has run out of keystrokes! Maybe they all developed carpal tunnel syndrome at once.
We need lower taxes and lower spending